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huffingtonpost entry

Shaping the Next Generation of Carbon Markets

Commented Mar 16, 2013 at 04:13:52 in Green

“Great article! Bottom-up national/provincial systems are the way ahead. And what the article truly says is:"they need at some point the supporting infrastructure to ensure exchangeability between their systems -- the common definitions and common registries that would value carbon evenly and enable trading". That is exactly what nations are developing under the Climate Convention, the Framework for Various Approaches (FVA), where nations will inscribe their common accounting rules and minimum standards when a cross border carbon market is used to meet climate targets. So, also the UN sees the new role, more of a facilitating nature than a top-down rule maker.”